May 2020: Korean Market Update

Korean Market Update


KAU19 allowances remain resistant and strong in April maintaining prices at above KRW 40,000 but started to decline from the fourth week as a stream of buying and selling orders continue to come to the market., closing the month at KRW 39,500.

Trade volume in April increased by 2.2 times compared to March, amounting to 1,153,634 tons, representing 27.% of the cumulative trading volume of KAU19. 

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